Post Utme Futa 2021 Accounting Question 23

Practice objective / multiple choice question 23 from the 2021 Post Utme Futa Accounting examination.

Post Utme Futa 2021 Accounting Objective / Multiple Choice
Question 23 POST_UTME_FUTA • 2021 • ACCOUNTING • objective

A company issued 5,000, 9% debentures of ₦100 each at a discount of 5%. Calculate the amount received from debenture holders.

Answer Options

A. ₦475,000
B. ₦475,000
C. ₦475,000
Correct Answer D. ₦475,000
Correct Answer
D
Correct Option:
₦475,000

About This Question

This is Post Utme Futa 2021 Accounting Question 23. It is one of the objective questions from the 2021 Post Utme Futa Accounting examination.

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